Northport Medical/Office Building For
2401 Hospital Drive, Northport, AL 35476
4,020 SF medical/office building with 18 parking spaces.
Type:Commercial/Industrial
Property size:
4,020 SFPrice / SF:
$186/SF- Added:
- Mar 28, 2026
- Days on Market:
- 67
- Last Refresh:
- Apr 8 at 12:27 am
Property Features for 2401 Hospital Drive
General Information
- Standard status
- Active
- Size
- 4,020 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1996
Listing agent Steven Deal License #000093505 (205) 292-9771
Listing office Pritchett Moore Real Estate (205) 292-9771
Listing date Mar 28, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Pritchett Moore Real Estate
HighLights
- Versatile all‑brick building suitable for a multitude of purposes.
- Large treatment room that can be converted into multiple offices or a training room.
- Ample parking with 18 spaces and a porte‑cochère for patient drop off.
- Includes a lobby with reception area.
- Features 3 private offices and an exam room.
- Large storage room with exterior access.
Overview
This is a 4,020 square foot building constructed in 1996. The all-brick building was formerly a Davita Dialysis center, but is suitable for a multitude of purposes. The property features a lobby with reception area, 3 private offices, an exam room, and a large storage room with exterior access. There is also a large treatment room that could be converted into multiple offices or a training room. The parking lot has 18 spaces and a porte-cochère for patient drop off. The property is located at 2401 Hospital Drive, Northport, AL 35476.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.5k | $24.00 |
| − Vacancy | −$6.8k | −$1.68 |
| EGI | $89.7k | $22.32 |
| − OpEx | −$35.9k | −$8.93 |
| NOI | $53.8k | $13.39 |
4,020 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$769.1K
$673.0K – $897.3K
NOI $53,836 @ 7.0% cap · market cap 7.18%
Second Best
Office B
$665.2K
$582.1K – $776.1K
NOI $46,564 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$966.0K
$845.3K – $1.13M
NOI $67,623 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Medical centers
Location Insight
- Map
- Local Demand
- City
- Northport
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.5692111
- Latitude
- 33.2316192
Nearby Similar for Sale
FAQs
What type of property is this?
Medical center - 4,020 SF medical/office building with 18 parking spaces.
Where is this medical center located?
The property is located at 2401 Hospital Drive Northport, AL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Versatile all‑brick building suitable for a multitude of purposes.; Large treatment room that can be converted into multiple offices or a training room.; Ample parking with 18 spaces and a porte‑cochère for patient drop off.
